When looking at the near-term direction of the market, technical analysis can play a big role in predicting these shorter trends. One particular indicator that captures our attention is the Zweig Breadth Thrust (ZBT). Today, we will tell you what it is and why we pay attention to it. What is the Zweig Breadth Thrust? […]
If you’ve ever cornered a market forecaster and inquired about their outlook, you’ve likely encountered the phrase “Cautiously Optimistic.” Admittedly, we’ve used these words with investors, and I find myself ambivalent about them. As investors, we embrace risk, so a degree of caution is inherent. Yet, we willingly take risks because, historically, there has always […]
The investment world lost a legend this week with the passing of Charlie Munger. He was due to turn 100 years old on January 1st, and while he was 1 month short of that milestone, he provided an incredible amount of wisdom over his 99+ years of life. Today, we want to revisit our Top […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Halehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Hale2023-11-30 11:54:062023-11-30 11:54:08The Financial Wisdom of Charlie Munger
As we gear up for tonight’s Thanksgiving dinner, what better conversation starter could there be than discussing the average cost of this dinner? The American Farm Bureau Federation (AFBF) has conducted a survey that provides insights into the average cost of Thanksgiving dinner for a party of 10 each year. The positive note is that […]
Predicting an economic recession tends to be a fool’s errand, as some of the brightest minds had predicted the chance of a US recession to be 100% chance last October in the next 12 months. We are 13 months past that prediction with no recession in sight. US GDP actually increased 4.9% in Q3 2023. […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Halehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Hale2023-11-16 11:53:282023-11-16 11:53:30Investments Returns Before, During and After a Recession
Open enrollment season is once again upon us, marking the period for employees to make important decisions about their benefits packages. This annual opportunity provides individuals with the chance to reassess their current health, dental, vision among other essential benefits, ensuring they align with their evolving needs. To make the most of this period, it’s […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Halehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Hale2023-11-09 11:45:372023-11-09 11:45:39A Guide to Open Enrollment to Optimize Benefits for 2024
With the holiday season approaching, we are entering the months where the stock market has historically performed the best. Below is a chart of the S&P 500 Index average returns for each month dating back to 1928. If you squeeze this timeline down to the last 53 years, November is actually the best month in […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Halehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Hale2023-11-03 11:51:082023-11-03 11:51:09On the Street Monthly – With Pessimism Growing, Will There be a Yearend Rally?
Recession fears, high inflation, rising interest rates, geopolitical risk, weakening investor sentiment…. did we miss anything? I’m sure we did, depending on the new headlines from today’s financial media. While those headlines and fears are at the forefront of investors’ minds, sometimes simplicity can rule the day. In the world of finance, where complexity often […]
Reaching levels not seen since the turn of the millennium, current mortgage rates have surged in lockstep with all the rate hikes. The 30-year fixed mortgage rate in 2000 stood at 8.25%, while at the time of this writing, it sits at 7.63%. Concurrently, the US Median Home Sales Price has risen to $394,300, with […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Halehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Hale2023-10-26 11:43:262023-10-30 16:03:33Mortgage Rates Reach Highest Levels in Over Two Decades, Are Prices Starting to Budge?
We are proud to announce that Lake Street has been ranked as one of America’s top RIAs by Financial Advisor Magazine for 2023. The criteria is based on assets under management as of the previous year end. This recognition is an exhibit of the hard work and dedication by our team. A big thank you […]
Historically Perfect Technical Indicator Points to Bullish Outlook
When looking at the near-term direction of the market, technical analysis can play a big role in predicting these shorter trends. One particular indicator that captures our attention is the Zweig Breadth Thrust (ZBT). Today, we will tell you what it is and why we pay attention to it. What is the Zweig Breadth Thrust? […]
On the Street Monthly – Cautiously Optimistic
If you’ve ever cornered a market forecaster and inquired about their outlook, you’ve likely encountered the phrase “Cautiously Optimistic.” Admittedly, we’ve used these words with investors, and I find myself ambivalent about them. As investors, we embrace risk, so a degree of caution is inherent. Yet, we willingly take risks because, historically, there has always […]
The Financial Wisdom of Charlie Munger
The investment world lost a legend this week with the passing of Charlie Munger. He was due to turn 100 years old on January 1st, and while he was 1 month short of that milestone, he provided an incredible amount of wisdom over his 99+ years of life. Today, we want to revisit our Top […]
Annual Cost of Thanksgiving Dinner
As we gear up for tonight’s Thanksgiving dinner, what better conversation starter could there be than discussing the average cost of this dinner? The American Farm Bureau Federation (AFBF) has conducted a survey that provides insights into the average cost of Thanksgiving dinner for a party of 10 each year. The positive note is that […]
Investments Returns Before, During and After a Recession
Predicting an economic recession tends to be a fool’s errand, as some of the brightest minds had predicted the chance of a US recession to be 100% chance last October in the next 12 months. We are 13 months past that prediction with no recession in sight. US GDP actually increased 4.9% in Q3 2023. […]
A Guide to Open Enrollment to Optimize Benefits for 2024
Open enrollment season is once again upon us, marking the period for employees to make important decisions about their benefits packages. This annual opportunity provides individuals with the chance to reassess their current health, dental, vision among other essential benefits, ensuring they align with their evolving needs. To make the most of this period, it’s […]
On the Street Monthly – With Pessimism Growing, Will There be a Yearend Rally?
With the holiday season approaching, we are entering the months where the stock market has historically performed the best. Below is a chart of the S&P 500 Index average returns for each month dating back to 1928. If you squeeze this timeline down to the last 53 years, November is actually the best month in […]
Occam’s Razor: The Simplicity Principle in Investing
Recession fears, high inflation, rising interest rates, geopolitical risk, weakening investor sentiment…. did we miss anything? I’m sure we did, depending on the new headlines from today’s financial media. While those headlines and fears are at the forefront of investors’ minds, sometimes simplicity can rule the day. In the world of finance, where complexity often […]
Mortgage Rates Reach Highest Levels in Over Two Decades, Are Prices Starting to Budge?
Reaching levels not seen since the turn of the millennium, current mortgage rates have surged in lockstep with all the rate hikes. The 30-year fixed mortgage rate in 2000 stood at 8.25%, while at the time of this writing, it sits at 7.63%. Concurrently, the US Median Home Sales Price has risen to $394,300, with […]
Financial Advisor Magazine – America’s Top RIA Firms 2023
We are proud to announce that Lake Street has been ranked as one of America’s top RIAs by Financial Advisor Magazine for 2023. The criteria is based on assets under management as of the previous year end. This recognition is an exhibit of the hard work and dedication by our team. A big thank you […]